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The individual is the central, rarest, most precious capital resource of our society.
Peter Drucker
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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Society
Individual
Rarest
Resource
Individuality
Capital
Central
Precious
Resources
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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Knowledge applied is productivity.
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There is a point of complexity beyond which a business is no longer manageable.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.
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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
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Everything must degenerate into work if anything is to happen.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge worker
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Most of what we call management consists of making it difficult for people to get their work done.
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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One does not start with facts. One starts with opinions.
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You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
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Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
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One cannot hire a hand the whole man always comes with it.
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